Do’s and Don’ts of Protecting Home Titles


Fraudsters act out several schemes to steal residences from their rightful owners. Sometimes, they’re difficult to notice, and they result in huge losses for the victims. Fortunately, there are ways to prevent them. Here are things proprietors should and shouldn’t do to protect their home titles.

Don’t: Give Out Personal Information

Whether it’s through the phone or the Internet, individuals shouldn’t give information about themselves. Thieves can assume their identities and sell their properties or obtain a mortgage. Some scammers also steal the personal details of homeowners by pretending they’re someone else. For people who receive a message from a number that wasn’t used by their lawyer or real estate agent before, it’s best to see the other party in person to confirm that they’re not fraudsters.

Do: Keep Identification Information Safe

Since thieves are on the lookout for information, people need to safeguard their personal details. Some fraudsters search garbage bins for important papers, such as receipts, insurance forms, and copies of credit applications. Data about one’s identity are recorded on these documents, so they should be shredded before thrown away. It’s also best to guard mailboxes as letters can be stolen. For those who will change their address, make sure that the local post office is informed promptly.

Don’t: Leave Real Estate Property Unattended

Fraudsters usually target investment properties as well assecondary and vacation homes as individuals don’t pay them as much attention as their primary residences. When houses are unoccupied, scammers will live in them or sell them to unsuspecting buyers. If the latter happens, it’ll become more complicated since there will be two parties fighting over ownership. To ensure this doesn’t happen, one should constantly check the status of their deeds through local registries online.

Do: Monitor Residences Regularly

Owners should visit their second homes from time to time to ensure that there are no unwanted tenants. Besides this preventive measure, individuals should monitor all the transactions associated with their residences. Checking credit reports regularly will help proprietors identify if there are financial actions filed under their name. Meanwhile, not receiving notices for dues like utilities, tax, and mortgage is also a telltale sign of fraud because some scammers change a house’s billing address.

Besides practicing these precautionary actions, owners can further protect themselves from fraud by asking for help from companies that offer property title monitoring. They have trusted agents who will alert clients of suspicious transactions and create monthly reports regarding every document filed under their residence. With their expertise, one’s home will never be compromised.

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